 |
NEWS
RELEASE
FOR IMMEDIATE RELEASE
FreeHand
Systems and Industry Leader Hal Leonard Sign Distribution Deal.
LOS
ALTOS, CA, October 11, 2007 – FreeHand Systems, Inc., wholly
owned subsidiary of FreeHand Systems International, Inc. (OTC:FSYI,)
today announced that the company has signed an agreement with
Hal Leonard Corporation – the industry leader in music
print publishing and distribution of sheet music – for
a wide ranging distribution deal in the United States and Australia.
Under the terms of this agreement FreeHand will begin selling
music from Hal Leonard on its consumer digital sheet music site,
Freehandmusic.com, and Hal Leonard will become the exclusive
distributor of FreeHand’s MusicPad product line to retailers
in North America and Australia as well as in some other international
locations. The two companies have committed to work closely
together on a wide range of marketing activities.
Hal
Leonard President, Larry Morton comments, "We believe FreeHand's
MusicPad is an important tool for teachers, students and professional
musicians. We are looking forward to working with FreeHand as
the exclusive distributor of this innovative product to the music
retail marketplace in the US. We also believe that FreeHand has
a unique technology for digitally downloading sheet music and
we look forward to expanding our growth in the digital space
sheet music market together."
FreeHand
Systems’ CEO, Kim Lorz adds, “In our many discussions
with Hal Leonard we have become impressed with their management
team and distribution power which can significantly accelerate
our growth in this exciting new field of digital music publishing. We
are privileged to work with an industry leader that completely
understands the future of the sheet music business and is willing
to include our technology. I believe that together we can
aggressively expand the marketing potential of both our companies
in traditional brick and mortar distribution as well as digital
distribution. ”
About FreeHand Systems
FreeHand Systems, Inc. (www.freehandsystems.com),
a 6-year old Silicon Valley based technology company, is the global
leader in digital sheet music publishing and is the manufacturer
of the first digital music performance and education tablet, the
MusicPad Pro® Plus, which provides innovative technology for
displaying and performing digitally delivered sheet music. The
company’s digital
sheet music website (www.freehandmusic.com) offers nearly 100,000
titles for digital download to print or transfer to the MusicPad
Pro, including the largest digital classical selection available.
In addition, the company offers a digital download to print service
currently available in over 900 retail locations worldwide. In
addition, FreeHand offers worldwide digital distribution via partnerships
with local industry leaders including an exclusive arrangement
with Peoples Music Publishing House in China, Yamano Music in Japan
and Tom Lee Music in Hong Kong.
About Hal Leonard Corporation
Founded in 1947,
Hal Leonard Corporation (www.halleonard.com)
is the leader in the music print industry, producing songbooks, sheet
music, educational publications, reference books, videos, DVDs, CD-ROMs,
children’s music products and more. In its more than
100,000 available publications, the company represents in print some
of the world’s best known and most respected publishers, artists,
writers, and arrangers. Hal Leonard is headquartered in Milwaukee,
WI and also has offices in: Winona, MN; New York; Nashville; Melbourne;
Hong Kong; and London.
Investor
Contact:
650-941-0742
investorrelations@freehandsystems.com
Media
Contact: Clyde Beswick, VP Marketing
FreeHand Systems, Inc.
95 First Street, Suite 200
Los Altos, CA 94022
310.275.9269
cbeswick@freehandsystems.com
Note
to editors: For additional information visit FreeHand System’s
website, www.freehandsystems.com. FreeHand Systems, Inc., MusicPad
Pro®, MusicPad Pro® Plus, MusicPad Maestro™ are trademarks
of FreeHand Systems, Inc.
*****
This
press release contains forward-looking information within the
meaning of Section 21E of the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), including statements
regarding potential sales, the success of the company's business,
as well as statements that include the word "believe" or
similar expressions. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors that
may cause the actual results, performance or achievements of
FreeHand Systems International, Inc. to differ materially from
those implied or expressed by such forward-looking statements.
Such factors include, among others, the risk factors included
in FreeHand Systems International, Inc.'s Annual Report and any
subsequent reports filed with the SEC under the Exchange Act.
This press release speaks as of the date first set forth above
and FreeHand Systems International, Inc. assumes no responsibility
to update the information included herein for events occurring
after the date hereof. Actual results could differ materially
from those anticipated due to factors such as the lack of capital,
timely development of products, inability to deliver products
when ordered, inability of potential customers to pay for ordered
products, and political and economic risks inherent in international
trade. |